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Colorado’s Advanced Industries Road Tour Announced

April 18, 2016 – The Colorado Office of Economic Development and International Trade (OEDIT) today announced that staff will be going on a road tour throughout Colorado to educate people about the Advanced Industries (AI) Accelerator Program and how they can apply for and secure grants.

“In just the past three years, Colorado’s AI program has granted over $35 million to 227 organizations, helping them to scale and find great success,” said Fiona Arnold, Executive Director of OEDIT. “We want to ensure that people in every part of the state are aware of the program and know how to successfully apply for a grant.”

The AI grant team will answer questions at two-hour meetings, as well as discuss the program in detail and give helpful grant training advice.

Proof of Concept: grant funding is used to identify and pull technologies from research institutions where they were discovered and connect them to private sector where they can scale.

Early-Stage Capital and Retention: grant funding is used to fund companies using technologies developed in proof of concept grants and other early stage start-ups that have created viable products that meet a market need and that can be created or manufactured in Colorado and exported globally.

Infrastructure Funding: grant funding is used to accelerate commercialization and innovation of AI products and services by building capacity and workforce.

AI Export Accelerator Program: grant funding is available for businesses to offset international business development and marketing costs.

AI Colorado-Israel R&D grant: grant funding available to Colorado companies that have partnered with an Israeli company and are seeking grant funds to support their joint R&D project/technology.